Bank of America Credit Analyst Salaries by 7 Employees

1 - 9 years exp.

₹3.2 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

47% less than the average Credit Analyst Salary in Banking Companies for 1 - 9 years of experience

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Salaries in different departments

Finance & Accounting Credit Analyst Salary 1 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹4.2 L/yr
BFSI, Investments & Trading Credit Analyst Salary 9 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr
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Data Science & Analytics Credit Analyst Salary 3 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 26 Dec 2023

Companies similar to Bank of America for Credit Analyst

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Credit Analyst Salary 0 - 6 years exp. (374 salaries)	₹5.3 L/yr - ₹18.9 L/yr 133% more
IndusInd Bank Credit Analyst Salary 0 - 10 years exp. (395 salaries)	₹4.2 L/yr - ₹17 L/yr 112% more	11 job openings
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HDFC Bank Credit Analyst Salary 0 - 7 years exp. (173 salaries)	₹4.7 L/yr - ₹18.3 L/yr 137% more
Standard Chartered Credit Analyst Salary 1 - 8 years exp. (178 salaries)	₹5 L/yr - ₹19.5 L/yr 166% more
State Bank of India Credit Analyst Salary 3 - 13 years exp. (92 salaries)	₹8.2 L/yr - ₹30 L/yr 286% more
Barclays Credit Analyst Salary 1 - 10 years exp. (83 salaries)	₹6 L/yr - ₹23.3 L/yr 199% more
IDFC FIRST Bank Credit Analyst Salary 0 - 4 years exp. (67 salaries)	₹3.7 L/yr - ₹14 L/yr 87% more
Federal Bank Credit Analyst Salary 1 - 8 years exp. (73 salaries)	₹9 L/yr - ₹22 L/yr 218% more
ANZ Banking Group Credit Analyst Salary 0 - 6 years exp. (61 salaries)	₹4.8 L/yr - ₹13 L/yr 117% more
Yes Bank Credit Analyst Salary 1 - 6 years exp. (59 salaries)	₹1.8 L/yr - ₹9.7 L/yr 9% more
NatWest Group Credit Analyst Salary 1 - 6 years exp. (51 salaries)	₹8 L/yr - ₹16.5 L/yr 167% more
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HSBC Electronic Data Processing Credit Analyst Salary 1 - 7 years exp. (45 salaries)	₹10.6 L/yr - ₹16.1 L/yr 144% more
DCB Bank Credit Analyst Salary 1 - 6 years exp. (38 salaries)	₹2.4 L/yr - ₹10 L/yr 12% more
RBL Bank Credit Analyst Salary 0 - 5 years exp. (30 salaries)	₹4.7 L/yr - ₹17.1 L/yr 134% more
IDBI Bank Credit Analyst Salary 0 - 16 years exp. (26 salaries)	₹10 L/yr - ₹30 L/yr 339% more
Deutsche Bank Credit Analyst Salary 0 - 10 years exp. (26 salaries)	₹7.8 L/yr - ₹21 L/yr 155% more	1 job opening
HSBC Global Banking and Markets Credit Analyst Salary 1 - 4 years exp. (22 salaries)	₹7.3 L/yr - ₹16 L/yr 149% more
Utkarsh Small Finance Bank Credit Analyst Salary 1 - 12 years exp. (19 salaries)	₹4.5 L/yr - ₹18.2 L/yr 126% more
AU Small Finance Bank Credit Analyst Salary 0 - 5 years exp. (15 salaries)	₹3 L/yr - ₹8.8 L/yr 20% more
Indian Bank Credit Analyst Salary 0 - 11 years exp. (10 salaries)	₹9 L/yr - ₹15.5 L/yr 174% more

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Credit Analyst salary at Bank of America ranges between ₹3.2 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Credit Analyst salaries

Last Updated: 26 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.8 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.4 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr

View all

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Salary related reviews for Bank of America

4.0

Rated by 1 employees for salary & benefits

Assistant Vice President in Mumbai

Full Time

Project & Program Management Department

2.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

Work life balance Continue to work here if you are not looking for any growth and are happy with little increments every year. Outdated process etc

Job security - Good

Dislikes

Toxic work culture Bad managers No recognition No promotion Not good increments No bonus List goes on...

Salary - Poor

+4 more

Assistant Vice President in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 04 Oct 2024

5.0

for Salary and Benefits

Likes

Organization is beautifully structured ,salary wise and other benefits are very good

Salary - Excellent

Dislikes

Management is damn worst and they literally torcher without listening the issues from employees ,for new entry mid level seniors it's very very tough to survive...lots of politics and tech stack wise is very old we work

Skill development - Bad

+4 more

Assistant Vice President in Chennai

Full Time

Data Science & Analytics Department

4.0

• posted on 18 Aug 2023

4.0

for Salary and Benefits

Likes

Good Salary, work life balance.

Salary - Good

+4 more

Dislikes

Local management . Other than delivery there are many things to contribute. Local managers dont care about business and delivery. parallel leadership in india is killing the company. too many meetings without any use. Cab facilities are worst. No proper parking facilities. Heavy rush in small cafetarias.local management talk more about innovation but dont care about basic neccessities.All are puppets of senior managers(dont prefer to call them leaders)

Analyst in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

The pay is on time, reimbursements are not a problem. Lot of free time and not much stress over deadlines.

Job security - Excellent

+1 more

Dislikes

No deadline stress means no motivation to at all complete work. No promotions, you could possibly retire without a promotion, I seem to be on that journey right now. Also, any harassment complaints fall on deaf ears, even if you are a female employee..the harasser will just be moved to a different department.

Skill development - Poor

+2 more

Team Lead in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

4.0

• posted on 28 Jan 2022

4.0

for Salary and Benefits

Likes

Being an employee you'll get everything you'd ask for. A good work life balance, handsome package (though it depends on your last salary), nice work location with hefty of employee benefits including personal and family insurance. Overall this organisation takes care of its employees in a decent manner. P.S - There are few flaws but can be dealt easily.

Salary - Good

+6 more

Dislikes

The management plays a very vital role in terms of employees growth. Few are over burdened at the other hand few are on relaxing mode. The task allocation should be equal and associate should push to learn new things so that everyone can be involved equally. Secondly, associates who contributes in major tasks, should be recognized with better hike compared to others who are still in comfort zone.

see more salary related reviews

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bank of America Credit Analyst Salary FAQs

What is the salary of Credit Analyst at Bank of America ?

The average salary of a Credit Analyst at Bank of America in India typically ranges from ₹3.2 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Credit Analyst at Bank of America earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Credit Analyst Salaries at Bank of America can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Bank of America employees in India.

What is the estimated take home salary of a Credit Analyst at Bank of America in India?

The estimated take-home salary of a Credit Analyst at Bank of America in India typically ranges from ₹34,898 to ₹36,139 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 1 year to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bank of America for Credit Analyst in India?

IDBI Bank	₹10.0 Lakhs to ₹30.0 Lakhs per year
State Bank of India	₹8.2 Lakhs to ₹30.0 Lakhs per year
Bank of Maharashtra	₹13.0 Lakhs to ₹19.0 Lakhs per year
HSBC Bank	₹10.6 Lakhs to ₹22.5 Lakhs per year
Federal Bank	₹9.0 Lakhs to ₹22.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of America, depending on the role and experience level.

What is the salary of a Credit Analyst in companies similar to Bank of America in India?

The salary of a Credit Analyst at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays	₹6.0 Lakhs to ₹23.3 Lakhs per year
Indian Bank	₹9.0 Lakhs to ₹15.5 Lakhs per year
NatWest Group	₹8.0 Lakhs to ₹16.5 Lakhs per year
Standard Chartered	₹5.0 Lakhs to ₹19.5 Lakhs per year
NatWest Markets	₹9.5 Lakhs to ₹18.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Credit Analyst at Bank of America in India?

The salary growth for a Credit Analyst at Bank of America depends on factors such as experience, performance, and promotions. On average, a Credit Analyst can expect the following growth trajectory at Bank of America:

Experience	Average Salary Range
1 year	₹1.3 Lakhs to ₹3.6 Lakhs per year
2 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years	₹3.2 Lakhs to ₹5.0 Lakhs per year
4 years	₹4.0 Lakhs to ₹7.8 Lakhs per year

and so on.

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Bank of America Credit Analyst Salaries

Bank of America Credit Analyst salary in India ranges between ₹3.2 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Bank of America latest salaries received from various employees of Bank of America.